Real estate accounts for one third of the world's capital assets. This course provides students with a comprehensive understanding of real estate valuation, cycles, markets, investments, and decision-making, using modern finance and economics tools. The bulk of the course covers income-producing (commercial) property, although we will discuss residential housing as well. This course provides a unified finance-based framework to answer real estate investment decision-making problems encountered in the real world. Doing so requires a good understanding of the institutional features that differentiate real estate from other asset classes and markets as well as modern finance and economics tools.

Brian Lancaster

Senior Lecturer in the Discipline of Finance and Economics in the Faculty of Business

Brian P. Lancaster is a Senior Lecturer in the Discipline of Finance at the Columbia University Business School.  Professor Lancaster teaches the following courses: Real Estate Finance, Real Estate Debt Markets, Residential Real Estate Finance, Capital Markets, Real Estate Entrepreneurship, and  Debt Markets in the MBA and EMBA programs. He is also a faculty sponsor of Chazen Global Study Tours, most recently...

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